• Ocwen7.76+0.03 +0.39%
  • Zillow28.55+1.43 +5.27%
  • Trulia47+0 +0%
  • NationStar14.23+0.03 +0.21%
  • CoreLogic38.81+0.08 +0.21%
  • RE/MAX35.08-0.32 -0.90%
  • Fannie Mae2.40+0.18 +8.11%
  • Freddie Mac2.37+0.20 +9.22%
  • Wells Fargo52.03-0.38 -0.73%
  • CitiMortgage51.06-0.10 -0.20%
  • Bank of America15.69+0.00 +0.00%
  • Fidelity National Financial36.03-0.96 -2.60%
  • First American39.22-0.32 -0.81%
  • AUDUSD=X0.7210+0.0048 +0.6703%
  • USDJPY=X120.0175-0.2275 -0.1892%
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Will September’s Weak Jobs Report Slow Down Housing Growth?


-+*While the national unemployment rate held steady at 5.1 percent from August (the U6 rate, the broadest measure of unemployment, fell 3 basis points to 10 percent), September saw a gain of just 142,000 jobs, bringing the average monthly total for the first nine months of 2015 down to 198,000, according to the September 2015 Employment Summary released by the Bureau of Labor Statistics (BLS) on Friday. By comparison, average monthly job gains for the first nine months of 2014 totaled 260,000.

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Policymakers Should Consider SFR as Part of an Affordable Housing Strategy


-+*In a report titled "Single-Family Rentals: A New Approach to Affordable Housing" by Center Creek Capital Founder Dan Magder and Urban Institute Director of Housing Finance Policy Laurie Goodman released Monday, the authors say SFR should be considered by policymakers as an integral part an affordable housing strategy because of volume, location, neighborhood impact, and affordability.

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